ECC5801 Prosperity, poverty and sustainability in a globalised world
Faculty of Business and Economics
ECC5801 Prosperity, poverty and sustainability in a globalised world is a level 5, 6-credit-point, postgraduate unit from the Faculty of Business and Economics, offered in 2023 in Semester 1 at Clayton. It has no prerequisites.
- Credit points
- 6
- Offered in 2023
- Semester 1
- Clayton
- Assessment
- Exam 50%
- and 1 other task
- Workload
- 144 hours
- per semester
This is the 2023 handbook entry. See the 2027 entry.
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Requisites
Before ECC5801
Prohibitions
You can't enrol if you have passed any of these.
After ECC5801
No unit lists ECC5801 as a prerequisite in the 2023 handbook.
Overview
This unit seeks to answer the question, ‘what drives sustainable economic prosperity?’ In answer, the unit begins with prominent economic theorising around channels of economic prosperity, including the role of technology, specialisation, capital accumulation, coordination and complexity. Next, we look at where prosperity has chronically failed to arrive, critically examining the successes and failures of major interventions that were aimed at alleviating poverty. Finally, we turn our attention to the complexity of human economic prosperity on a finite planet through the lens of the Anthropocene. Overall, the unit takes a complex systems and sustainability mindset to these topics and seeks to equip you with deep critical thinking frameworks to comprehend complexity and understand key linkages in the pursuit of sustainable prosperity for all.
Offerings in 2023
| Teaching period | Campus | Mode |
|---|---|---|
| First semester | Clayton | On campus |
Assessment
- Within semester assessment50%
- Examination50%
Learning outcomes
When you finish this unit, you should be able to:
- 1
apply modern sustainability thinking to the idea of economic prosperity
- 2
identify sources of connectedness in a complex economy-society-plant system through an economic lens
- 3
analyse dynamic models and frameworks of economic prosperity and poverty alleviation
- 4
critically assess prominent economic policies that address at least one major environmental externality facing the plant
- 5
develop critical and creative thinking, writing and reviewing skills.
Workload and teaching
- Workshops36 hours
- Teaching approachActive learning
Minimum total expected workload to achieve the learning outcomes for this unit is 144 hours per semester typically comprising a mixture of scheduled learning activities and independent study. Independent study may include associated readings, assessment and preparation for scheduled activities. The unit requires on average three/four hours of scheduled activities per week. Scheduled activities may include a combination of teacher directed learning, peer directed learning and online engagement.
This unit engages you in actively applying your knowledge, skills and attributes in interactive, collaborative and reflective activities.
Contacts
- Chief Examiners
- Associate Professor Simon Angus
Common questions
What are the prerequisites for ECC5801?
ECC5801 has no prerequisites.
When is ECC5801 offered?
In 2023, ECC5801 runs in Semester 1 at Clayton.
How much work is ECC5801?
The handbook expects about 144 hours of study across the semester. No students have rated its difficulty yet.
Does ECC5801 have an exam?
Yes. The exam is worth 50% of the final mark, alongside 1 other task.